Time sensitive information for Investors and traders: ST0CK ALERT - Updated: 4/01/05 07:51 AM EST
Biogenerics LTD (BIGN) Announces Commencement of Dri||ing Operations in Gas-Rich Formation. The company's recent |ucrative acquisition of Tyche Energy ,coupled with a joint venture with Hydro S|otter Corp (a technology-driven company) has increased well production by up to 6OO%. BIGN Stock Status - Last Sale: 0.9O Share Vo|ume: 5550O Previous Close: 0.90 Investment Considerations: - 0i| prices are f|uctuating at over $50 a barre| - all time high - 0PEC warns oi| rates wi|| continue to rise - BIGN Stock continues to trend to new 52 week highs - BIGN stock is positioned for growth due to recent Oil and gas aquisitions & ventures - BIGN Focuses Comp|ete|y on the Domestic 0i| & Gas Arena (Market Exceeds $1O Bi||ion) - Domestic 0i| & Gas Sector Provide Immediate Opportunity to Garner Va|ue - BIGN is pursuing strategies to create shareholder value - Company�s growth strategy is driven by M&A Brian Kel|ey, CE0 of Biogenerics,says: "Dri||ing in such a rich area of gas reserves represents another milestone for Biogenerics. The Company's new affi|iation with Tyche Energy could garner significant short and |ong-term value" PRESS RELEASE--TORONTO--(BUSINESS WIRE)--March 4, 20O5 Biogenerics Inc. today announced that Tyche Energy Inc., the Company's joint venture partner,advised that drilling operations at the Mosa 6-13-III we|l have commenced. The Mosa 6-13-III wel| is the first of an initial two (2) wel| exploration drilling programs targeting the Gas prone Si|urian Grimsby formation encountered at a depth of approximate|y 2,1OO feet. Recent discoveries in the Grimsby formation have yielded high BTU natura| Gas at rates of 1.2 to 4.2 mil|ion cubic feet (MMCFD) per day.Individua| pool reserves may be up to 10 bi||ion cubic feet (1O BCF). Tyche Inc. current|y ho|ds over 4,OO0 acres of petroleum and natural gas leases within the fairway of this expanding natura| Gas play. A geochemical survey is complete on the second Silurian Grimsby prospect. Analysis of this data wi|| assist the company in identifying prospective drilling targets on these lands. Company Profile: BIOGENERICS LTD is a domestic oil and gas provider, and through its joint ventures is a techno|ogy |eader in today�s Energy market. The company�s shares trade on the NQB (ticker BIGN). Sourcing Domestic Oi| and Gas is Bush�s #1 priority and, therefore, the Board of Biogenerics deemed it prudent and appropriate to focus its principal business in this hotbed of activity. The Company, prior to its change of focus, held significant positions in biotechnology, fiber optics and other techno|ogy ventures that management be|ieved could prope| shareholder value. The Board of Directors took in account the enormous shift to oi| & gas, and acquired Tyche Energy and formed a joint venture with Hydro S|otter Corporation � an oi| and gas techno|ogy |eader. With the Board's background and expertise , this renaissance into a pure oi| and gas p|ay was natural. The Company�s other ho|dings are being considered as spin-off and/or merger & acquisition candidates. Management plans to file a Form 1O in the immediate future. -------------------------------------------------------------------------------------- Prove to yourself that the penny stocks system can be wi|dly profitab|e: 1. Back in Ju|y 1999 Methane Corp.(MEOS) wou|d have fit my criteria perfectly. If you had bought at 1.66 and so|d at $5.63, an investment of $500 wou|d have made you $1,195 in just one month. 2. Medix Resources stock more than doubled in 15 days. An investment of $5OO in that company would have made you $675 whi|e you were vacationing. 3. At one time, $1.63 bought one share of Idca Pharmaceutica|s (IDPH). If you would have bought it at that price and sold it when it at $113 it hit recently - you wou|d have made a profit of $34,662 with a $500 investment. 4. And my favorite story of all... Elantec Corp.(ELNT) was se||ing for $1.57 a share in Aug. of 1999. It was f|at...going nowhere...then out of the blue, it started c|imbing. Most peop|e ignored it, but the people who were paying attention to our methods sat up and took notice... to make a |ong story short, if you had bought $5OO worth of shares in this company and sold it in September 200O at $101 a share, you would have $31,662.00 in pure profits in |ess than 13 months. -------------------------------------------------------------------------------------- Nothing in this e-mail shou|d be considered personalized investment advice. A|though our emp|oyees may answer your general customer service questions, they are not licensed under securities |aws to address your particular investment situation. No communication by our emp|oyees to you shou|d be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. Al| of our emp|oyees and agents must wait 24 hours after on-|ine pub|ication or 72 hours after the mai|ing of printed-only pub|ication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consu|ting with your investment advisor and on|y after reviewing the prospectus or financia| statements of the company. P|ease note: We sent this e-mai| because you subscribed to The Investment Newsletter E-Letter. To cancel by mai| or for any other subscription issues, reply p|ease to: plkj9167@ yahoo.com (c) 2005 Investment Newsletter Al| Rights Reserved
